Korean "virtual K-pop" metaverse company Afun Interactive completes $5.3 million Series A bridge financing

ChainCatcher news, South Korea's "virtual K-pop" metaverse company Afun Interactive announced the completion of a 7 billion won (approximately 5.3 million USD) Series A bridge financing, with participation from Shinhan Asset Management. According to the crypto data platform RootData, Afun Interactive raised 10 billion won (approximately 7.6 million USD) in its previous Series A financing, with investors including CJ Investment, Company K Partners, and CJ ENM.

It is reported that Afun Interactive aims to become a leading metaverse company in South Korea. Its CEO Dokyun Kwon is passionate about the virtual entertainment and metaverse market, hoping to utilize 3D content production technology to build character IP-based "virtual K-pop." The company has already launched virtual stars such as "Apoki" and "Lesha." (source link)